Hi Everyone, Quick question (kinda)...
We're in the process of setting up a coworking space/hacker space here in Edmonton, Alberta, Canada (metro pop of 1m). We're well underway, non-profit registered, directors elected, space found, 40+ members joined, etc. We're obviously working on a non-profit model, shared space, 24/7 access, etc. My concern is pricing. Lots of places seem to offer what we're going to be offering for many hundreds of dollars a month. We're going to be doing it for $50. $50/month gets you unlimited access to our 3700sq ft space. No permanent desks, but permanent offices will be offered for around $250/month. Our's is not exactly a co-working space in the sense we do not expect people to work here 9-5 (some will of course, but most members have full time jobs and want the collaborative use of the space, plus access to the equipment (machining, etc). Check out http://d.ents.ca/ for photos Why $50/month? Our rent is $5/sqft + $2.87 operating. 3700sq ft @ $8 = $2500/month ($'s are per year). So based on the non-profit model found here http://coworking.pbworks.com/PricingExamples we need $3750/month. Well, our utils are included in the operating, internet is free from someones business via a point to point wireless connection, etc, etc, so we're figuring max $500/month in misc costs. The landlord is also giving us 2 months free rent. So say $3000/month, that's only 60 members @ $50/month each. We have 40 signed up now (of course some will drop out, but we've still got many coming in) and we'll cover more costs with offices rented. Is it just the cheap rent that is making our space $50/month and not $300/month (or more!). Why do some (most) places need to charge so much? Thanks in advance Rob Davy Edmonton New Technology Society www.ents.ca --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Coworking" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/coworking?hl=en -~----------~----~----~----~------~----~------~--~---
